Innovation Incentives in Montenegro

December 2021 Authors: Luka Popovic, Marija Ksenija Popovic Montenegro has specific tax rules applicable to innovative companies, within the framework of the  Innovation Activity Act (Zakon o inovacionoj djelatnosti), the Act on Incentives for Research and Innovation Development (Zakon o podsticajnim mjerama za razvoj istraživanja i inovacija), and implementing rulebooks, the key ones being the Rulebook on Registry of Innovation Activity (Pravilnik o registru inovacione djelatnosti) and the Rulebook on Closer Conditions for Acquiring the Status of the Beneficiary of Incentive Measures for Development…

NNDKP Advises Purolite in Relation to its Acquisition by Ecolab

December 2021 NNDKP has assisted Purolite Corporation and Purolite SRL in relation to the acquisition of the companies by Ecolab, as part of a broader, global acquisition process. The transaction is valued at approximately US$ 3.7 billion, placing it amongst the largest transactions of its kind closed this year, both at the global and national levels. NNDKP has provided assistance in all stages of the transaction and with other relevant aspects regarding the acquisition process, through the involvement of a multidisciplinary team of professionals, comprised of experts from the firm’s Corporate/M&A,…

A Tax Dispute concerning VAT Fixed Establishments brought before the Court of Justice of the European Union after Obtaining its Referral to the Luxemb...

NNDKP CELF has successfully represented its client, a non-resident company, before the national court in which it has made a request for a preliminary ruling to the CJEU concerning the interpretation of the EU VAT Directive and Regulation as regards the existence of a VAT fixed establishment

Is Tax Brawl between the Serbian Government and Freelancers about to End?

The Serbian Government announced that it has reached a final deal with a group representing interests of freelance internet workers on the partial amnesty for the unpaid past income tax and social security contributions and on the new rules of taxation of their income.

The SEE Legal Group and its Member Firms Top-ranked by Chambers Europe 2021

For the first time, the publishers of Chambers Europe guide have decided to rank the Leading regional law firm networks in Central and Eastern Europe in separate bands. 

Introducing Family Office’s Regime in Greece

Another tax measure aiming to make Greece an even more attracting destination for HNWIs’ economic activity has been ratified by the Greek Parliament and relates to the introduction of Greek single-family offices providing a wide range of services tailored to meet the needs of HNWIs.

The SEE Legal Group Ranked Band 1 by Chambers Global 2021

The SEE Legal Group and its members are proud to announce that the SEE Legal Group is the only regional legal network in Central and Eastern Europe that has received the prestigious Band 1 ranking by Chambers Global 2021.

Tax Incentives for the Transition to Electromobility in Greece

Authors: Panagiotis Pothos, Emmanouela Vitsa, Eleana Gkotsoulia, KG Law Firm By virtue of Law 4710/2020, which was published on 23 July 2020 in the Government Gazette (Bulletin A΄ 142) in the Hellenic Republic, a number of tax related provisions and incentives for the development of the electromobility were introduced. The below summarize the most important tax related issues of the newly introduced provisions: Exemptions from the calculation of the employment income The compensation for travel expenses paid by the employer for company reasons, including the compensation for the cost of…

Maric & Co Again Reshapes Legal Practice – Now in Favour of Taxpayers

А decision of the Constitutional Court of Bosnia and Herzegovina, adopted upon the appellation of Maric & Co Law Firm, is of historical significance for taxpayers in Bosnia and Herzegovina and is a first step for changing the long-term injustice they were subjected to.

KG Law Firm Represents Frigoglass Group

KG Law Firm has represented the global ICM and Glass manufacturer, Frigoglass Group in the refinancing of its group debt through the issuance and offering of EUR 260 million high yield notes. Theodore Rakintzis, partner, led the legal team of the firm in this transaction supported by partner Panagiotis Pothos (Tax), senior associate Meletios (Alkis) Andrianos (Finance & Capital markets), associate Loukas Panetsos (Tax) and junior associate Anna-Maria Papamichalopoulou (Finance & Capital markets).

Promotions at NNDKP – Class of 2020

NNDKP announced today the 2020 class of promotions: 1 lawyer and 1 tax consultant enter the NNDKP Partnership; 5 lawyers are promoted to the Managing Associates position and 3 fiscal consultants become Tax Directors; 10 lawyers are named Senior Associates.

Tax Treatment of Director’s Agreement under Serbian Law – Are Tax Inspectors Overstepping Their Authority?

A number of corporates whose directors are not employed but engaged on no-remuneration management contracts have reported unusual requests by tax inspectors in response to their exercise of legal right to claim a VAT refund.